hello youtube this is richard founder of short-term rentals secrets.com and
Airbnb super host today's video is going to be places where I think you can save
money and where I think you should spend money as you outfit your Airbnb so let's
get right into it so right off the bat if you need to save money if you're on a
really tight budget one place I would look to save is cable TV it's a really
nice to have but it's not a must-have and cable TV is still really expensive
and people are watching less of it so the places to spend money I think are
blazing high speeds as fast Wi-Fi internet as possible many of these
guests are traveling they've had a busy day whether it's work or pleasure and
the way that they're unwinding and relaxing is on their phones their iPads
or laptops streaming to your smart TV so ultra fast high-speed Internet is sort
of like a given in today's world so another place to save some money is on
stemware wine glasses and also on dishware you don't need to spend a lot
of money on fine china it doesn't add a lot of value to the guest experience
probably they don't even know or care but realize that over time in my
experience they're going to break whether it's loading from the dishwasher
or unloading putting them in the sink whatever it is
things happen no matter how respectful your guests are you're going to suffer
some losses and you might as well save some money here now if you have the
budget for it one place I suggest that you spend a little bit of money is in
stainless steel appliances and cookware and cutlery and the reason is twofold
one it's more durable so you're going to replace it less frequently but two it's
got this sort of like image it's got this like commercial kitchen quality and
people associate that with like upscale and you want people to think highly of
your place and think that you've outfitted it for them and their
satisfaction whether they use it or not so if you have the budget that might be
a place to invest so another place to save money and this is something that a
reverse course on if you look at some of my earlier videos I was saying to invest
money in thread-count spend as much as you can on bedding I've learned a lot
since I started to experiment with it it turns out that that's actually just a
marketing thing and what I'm doing is following the lead of you know real
hotels like Holiday Inn and Marriott's and so on if they don't spend money on
thread-count I don't think air B&B hosts should
either and what I'm actually doing is spending money on lower thread count but
fast dried technology which then saves me money again
now we're I don't think you should cut any corners is in the mattress the
mattress may be one of the most important things in the home recognize
two things if somebody has a great night's sleep
they're going to have a great day and they're going to think beautiful things
about you in your place conversely if somebody has a really
crappy night's sleep they don't sleep well and they're tossing and turning
they're going to think this is a bad experience in a bad Airbnb so I don't
recommend cutting any corners on the mattress at all also less quality
mattresses are going to be replaced more frequently therefore actually costing
you more money in the long run the final place to save some money is if you're on
a budget you don't need to have all these fancy like a you know electronics
and Bluetooth speakers and things like that
even though you may have it in your home and you love it if you're on a budget
that might be a place to save I personally like to use them and I keep
them in my homes but I'm growing my business enough that I can afford to do
so and the final place that I think you should spend money if you can afford to
and it's not very expensive because on more places to plug in more devices get
extra outlets get a charging station put them everywhere people are plugging in
more things we're not talking about one phone or two phones
it could be six phones and for iPads in three laptops people are changing the
way they consume stuff there's never enough places to plug things in make it
easy accessible by the bedside put in a central like charging station in the
kitchen whatever works for you but this is a great place to spend a little bit
of money it's not a lot but it really shows that you care so I'm going to head
back here alright I hope you found this video helpful if you're interested I
have a link in the description below which is to my kit these are all the
products that I've personally put in all of my different homes I recommend them
hope you found this helpful go ahead and like it and share it and please
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